Small business management fundamentals

Abstract

Part 1: Small business, entrepreneurship, and organizing for success: small business is big business ethics and social responsibility for small business entrepreneurship and small business success strategic plans for small business old business, new business, or franchise? developing the business plan legal forms of business ownership. Part 2: Financial planning financial statements and business ratios the desired income approach to planning planning the pro forma balance sheet finding the funds to finance a business. Part 3: Marketing planning and development marketing strategy and marketplace research picking the right location personal selling, advertising, promotion planning product classes, life cycles, and trends consumer behaviour and layout planning pricing for profits getting products/services to the customers. Part 4: People and organizational productivity managing human resources production and operations management purchasing and inventory control effective control and break even analysis computers and information systems for management decisions. Part 5: Accounting and financial controls consumer and business to business credit user friendly accounting and financial records worksheets, formal statements, and cash flow statements taxes and depreciation. Part 6: Special small business issues and opportunities international business for small business risk management and insurance business law bankrupcy, and harvesting the winner.

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